Cake - About the company
Cake is a seed company based in New York (United States), founded in 2021 by Skyler Thomas and Misha Herscu. It operates as a Provider of an AI development platform with pre-integrated open-source components. Cake has raised $13M in funding from Gradient Ventures. The company has 256 active competitors, including 23 funded and 9 that have exited. Its top competitors include companies like Hugging Face, Replicate and Flower.
Company Details
Provider of an AI development platform with pre-integrated open-source components. The platform allows users to assemble AI stacks using pre-integrated open-source components. It offers a selection of managed commercial and open-source AI tools with pre-built integrations. The platform provides centralized command over a distributed system, offering oversight and collaboration on AI projects. It supports various AI and ML functions, including generative AI, inference, traditional ML, data engineering, and infrastructure.
Key Metrics
Founded Year
2021
Location
New York, United States
Stage
Seed
Total Funding
$13M in 1 round
Latest Funding Round
Investors
Ranked
15th among 256 active competitors
Employee Count
12 as on Sep 30, 2026
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Cake's funding and investors
Cake has raised a total funding of $13M over 1 round. Its latest funding round was a Seed round on Dec 04, 2024 for $*****. 6 investors participated in its latest round. Cake has 6 institutional investors.
Here is the list of recent funding rounds of Cake:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 04, 2024 | 2081468 | Seed | 4895073 | 1021515 | 4985258 | 8366941 |
View details of Cake's funding rounds and investors
Cake's founders and board of directors
Founder? Claim ProfileHere are the details of Cake's key team members:
- Skyler Thomas: Co-Founder & CTO of Cake.
- Misha Herscu: Co-Founder & CEO of Cake and founder of 1 other company. Contact Info: 1 email address
View details of Cake's Founder profiles and Board Members
Cake's employee count trend
Cake has 12 employees as of Sep 26. Here is Cake's employee count trend over the years:
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Cake's Competitors and alternates
Top competitors of Cake include Hugging Face, Replicate and Flower. Here is the list of Top 10 competitors of Cake, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hugging Face 2016, Paris (France), Acquired | Platform offering collaborative tools for sharing and deploying machine learning models | $400M | 80/100 | |
2nd | Replicate 2018, Berkeley (United States), Acquired | Provider of a cloud-based open-source platform for machine learning models | $57.8M | 70/100 | |
3rd | ML framework for federated learning | $24.1M | 62/100 | ||
4th | Outerbounds 2021, San Francisco (United States), Acquired | AI-based open-source machine learning platform | $24M | 60/100 | |
5th | Oumi 2024, Seattle (United States), Seed | Open-source AI platform for model development and deployment | $10M | 57/100 | |
6th | Giotto Technologies 2017, Switzerland, Acquired | Developer of reasoning technology designed to advance artificial general intelligence | $5.02M | 56/100 | |
7th | Featureform 2020, United States, Acquired | Provider of AI-based open-source platform offering data orchestration | $8.1M | 42/100 | |
8th | Platform providing a comprehensive range of multimodal perception solutions | - | - | 52/100 | |
9th | All Hands AI 2024, Pittsburgh (United States), Seed | Open-source software development agent | $5M | 51/100 | |
10th | PyTorch 2016, San Francisco (United States), Acquired | Open source machine learning framework accelerating research and production deployment | - | - | 50/100 |
15th | Cake 2021, New York (United States), Seed | Provider of an AI development platform with pre-integrated open-source components | $13M | 43/100 |
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Cake's Investments and acquisitions
Cake has made no investments or acquisitions yet.
Reports related to Cake
Here is the latest report on Cake's sector:
News related to Cake
•
Cake Raises $13MM Seed Round Led by Gradient to Enable Any Business to Adopt Open-Source AIhttps://www.intelligence360.news/•Dec 19, 2024•Cake, Gradient Ventures, Primary Venture Partner, Alumni Ventures and 1 other
•
Google invests in Cake - a new AI Infrastructure Management PlatformKaldata•Dec 04, 2024•Google, Cake
•
Cake Raises $13M in Seed FundingFinSMEs•Dec 04, 2024•Cake, Gradient Ventures, Primary Venture Partner, Alumni Ventures and 6 others
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